2012-11-01
2012-11-30
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be reluctant to compromise for now. >> reporter: the voters have spoken and house speaker john boehner says he has gotten the message. >> because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reform. there's a model for tax reform that supports economic growth. >> reporter: does that mean house republicans are now willing to accept higher taxes on those making more than $250,000? not exactly. boehner says he will only raise more money from taxes under what he called the right conditions. >> does the increased revenue come from government taking a larger share of what the american people earn through higher tax rates? or does it come as a bi-product of growing our economy, energized by a simpler cleaner fairer tax code with fewer loopholes and lower rates for all. >> reporter: democratic senate leader harry reid also says he wants a quick fix for the fiscal cliff. but, he was clearly feeling empowered by a strong showing in the election. >> i want to work together, but i want everyone to understand you can't push us around. >> repo

a fear of possible economic collapse is a recurring theme. speaker of the house john boehner seem interested in a compromise with democrats that could keep the country from plunging off the so-called fiscal cliff. while florida is still official officially too close to call even without its 29 collect 29 electoral college votes mr. obama won with a hefty 303 electoral votes but a mere 53% of the popular votes begging the question, was it a mandate or a draw. the president promised to reach out to leaders of both parties. speaker boehner appeared to be ready to take him up on his offer with hundreds of billions in tax hikes that could tank the economy, boehner staked out this position on behalf of his caucus. >> for the purposes of bipartisan agreement that begins to solve the problem we're willing to accept new revenue under the right conditions. what matters is where the increase revenue comes from and what type of reform comes with it. >> eliot: a few hours earlier harry reid also called for compromise. >> it's better to dance than to fight. it's better to work together. everyth

, thank you so much. great to have you here. >> thank you. >>> elsewhere in republican land, john boehner was polishing his tough guy act today. what everybody else threatening economic disaster, he's now calling leverage. that moment in heroism is next. y with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] for a professional cleansing device? join the counter revolution and switch to olay pro-x. get cleansing results as effective as a $200 system. guaranteed or your money back. olay pro

ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? despite the pledge that most of them have signed? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. but we take rate in's path of less spending and regulation, -- reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federal government. nobody is talking but raising taxes $5 trillion. why not focus to reduce rates, have lower taxes, it to get more growth. you actually net more additional revenue. >> it seems like john boehner is now willing to get that revenue not just from the economic growth that is not scored by the congressional bu

you here. >> thank you. >>> elsewhere in republican land, john boehner was polishing his tough guy act today. what everybody else threatening economic disaster, he's now calling leverage. that moment in heroism is next. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now -- but hurry, the offer ends soon. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how h

issue moving forward and there is a showdown in store. while john boehner has offered up a bit of a compromise he and harry reid have different ideas. >> people making all this money have to contribute a little bit more. >> the congressional budget office are analyzing person provisions of the fiscal cliff. it finds letting these bush tax cuts expire is the least harmful way to improve the economy. but the gop would rather see lower rates and eliminating loopholes. yesterday senator chuck smumer called it a rumpled stillskin fantasy. earlier this week the president gave a very heart-felt speech to his staff and even teared up a bit. >> you guys -- [ inaudible ]. and i'm really proud of that. i'm really proud of all of you. >> more bill is up after the break. stay with us. how are you ever going to solve the problem if you don't look at all of the pieces? >>tv and radio talk show host stephanie miller rounds out current's morning news block. >>you're welcome current tv audience for the visual candy. >>sharp tongue, quick whit and above all, politically direct. >>you

-- the so-called "fiscal cliff." but he and house speaker john boehner both insisted they'd hold firm on whether or not to raise taxes on the wealthy. here are excerpts from the president's first comments on the subject since his victory tuesday night. he spoke to a crowd of supporters in the east room of the white house. >> as i said on tuesday night, the american people voted for action, not politics as usual. you elected us to focus on your jobs, not ours. and in that spirit, i've invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. last year, i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't aff

to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. chris: but john boehner is holding firm against one of the president's main campaign pledges. >> everyone wants to get our economy moving again, everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. chris: in your book, the price of politics, a heck of a book. you talk about how debt negotiations fell apart the last time, we tried it in the summer of 2011. will the speaker, we just saw, have the strength to lead his party even if he has to fight for the tea party? >> their camouflage is tax reform and they're going to do that over time. so the rates could come down. the really interesting thing is when you examine the detail of this, last year they were close. they actually could have worked out some agreement and it blew up because of the president asking for more revenue and that was the limit for them. i think it is a moment of necessity to a certain extent. they can't avoid this now. chris: reporting challeng

reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican majority. if there was a mandate, it is a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. my message today is not one of confrontation, but one of conviction. mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. we want you to lead as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's do the right thing together for our country. host: ron, you are up first. what was the message to washington? caller: i really think co

house, but john boehner even said recently this is going to be long talks. is the first round of negotiations after the election but what is important to keep is mind is that john boehner has already back pedalled from where he was in 2011. he wasn't even willing to entertain the revenues he is willing to entertain in 2011. if you remember in 2011 when things looked like they were getting done the meetings were secret. >> jennifer: so in fact i want you to listen to a sound bite from house speaker john boehner this morning. >> the members of our majority understand how important it is to avert the fiscal cliff, and that's why i outlined a responsible path forward paving the way for entitlement reform as well as tax reform with lower rates. >> jennifer: so -- it's very interesting to watch the dance and knowing that boehner has a tea party wing that he has to placate, and knowing he has moved all over the map people have described him, really as being boxed in. >> he is boxed in, because he doesn't have the votes to pass a tax rate increase and the presi

speaker john boehner who is offering an candid take on tuesday's results. it might be causing more republican hand wringing to opening the door to deal making. >>> and the british are coming. what president obama and prime minister cameron can do together to get the global economy on track and resolve serious situations like syria. >>> good morning from washington. it's friday, november 9th, 2012. this is "the daily rundown" i'm chuck todd. let's get right to my first reads in the morning. at 11:00, in the white house east room the president will speak to the nation for the first time since his election about what he hopes to accomplish before the end of the year. before taking on the new challenges though the president changed his campaign workers this emotional video from wednesday was released by the obama campaign. >> you guys have done, and the work that i'm doing has improved. i'm really proud of that. i'm really proud of all of you. and -- and what -- [ applause ] >> now it's back to governing. today the president will layout his marker for negotiations on the fiscal cliff.

. but a few days ago john boehner said something very, very telling. he told politico, quote, which is a place for everything. hold everything. there is a price for everything. that, ladies and gentlemen is transactional politics at its finest. what will you give me to get what you want? so, today president obama dispatched his top economic advisor, his deputy to find out exactly what that price is. and that's treasury secretary timothy geithner net with the top four congressional leaders pelosi, ma con el, mcconnell and reid and he brought a specific plan from the white house with him. that plan from the president in trying to resolve the fiscal cliff asks for, $1.6 trillion in new revenue. and that's supposed to come from raising taxes on the wealthiest. the president's plan asks for an extension of the payroll tax cut. and an extension of unemployment insurance benefits. it asks for a deferral of those automatic sequester cuts to defense spending and to local -- to domestic spend being. and it also asks, i love this o

to throw a monkey wrench into it? of course, john boehner. >> earlier in our conference meeting that i disagreed with him. he's a wonderful friend of mine and a great supporter of mine. the goal here is to grow the economy and control spending. you're not going to grow the committee if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. that's why this is not the right approach. >> cenk: why do i always think that guy is drinking? anyway he's not budget budging we're not going to raise the tax rates. the same 'ol game he has been playing, so it will be interesting to see how that plays out. but we have a lot of budgeting. stephanie cutter went on msnbc. look at what she says. >> we have to look at everything that someone on the table. the mandate the president has his mandate is to protect the middle class and help people enter and stay in the middle class? how do we do that? we have to make sure that medicare is there for the future and medicaid is strong and efficient. >> but he's going to be open to changes to all this stuff? >> he has

speaker john boehner said yesterday that republicans are willing to consider raising >> this is "bbc world news." funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. offering specialized solutions in capital to help you meet your growth objectives. we offered tailored solutions for small businesses and big corporations. what can we do fou

romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john maynard told diane sawyer he is the most reasonable, responsible person -- john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get passet the cliff if -- the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the corner stone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged toepea obamacare. these are the esse

crisis but john boehner came out saying that the white house has not come up with a strategy critical to votes. >> i am disappointed where we are and what has happened over the last couple weeks. but going over the fiscal cliff is serious business. >> reporter: any real deal-making is the stuff of quiet conversations and meetings. rob neighbors used the language of high-stakes diplomacy to respond to john boehner's complaint >> i thought the conversation was very direct. and as always, i appreciate directness. >> reporter: while the senate majority leader, harry reid, was very blunt about being pessimistic. >> i don't understand his brain, you should ask him. >> reporter: visiting their nation's capitol today, mixed expectations from tourists from georgia and texas >> i hope they get it, more than i did before the election. >> of course i'm nervous, you never know what politicians are going to do. >> reporter: democrats, still lifted by their election success, argued that voters chose higher tax rates for wealthy americans as part of any plan to cut the deficit. and say republicans wi

, americans. welcome to "the ed show" from new york. john boehner wants cost cutting details from the president? tonight, details on the speaker's shell game. this is "the ed show." let's get to work. >> the white house, this is not a game. i'm disappointed in what's happened. >> the speaker of the house is disappointed. he's also deceptive and dishonest. >> democrats have yet to get serious about real spending cuts. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy

these gals, john boehner and good luck. now it's time for the last word with lawrence o'donnell. >>> john boehner knows that the president is right on taxes. he knows it, but he's afraid to say that now, so he's sending one of his loyal soldiers out there to say it for him. >> there may be a debate over whether it's a cliff or curb. >> bump in the road. >> the curve of a mole hill. >> but there is one indes putable fact. >> the fact is definitely ticking. >> it's time for the president and democrats to get serious. >> i got a pen. i'm ready to sign it. >> some signs of compromise. >> congressman tom cole urged his colleagues to get in line behind president obama. >> that's just silly. >> scared me a little bit. >> i told tom earlier that i disagreed with him. >> shame on him. >> why would you do that? it's like selling your soul. >> i hope his wife understands. >> he brought my wife into it? he's never met me, my wife. >> his wife. >> some of these people have had impure thoughts? >> do you have any impure thoughts about grover norquist? >> it is not about that pledge. >> i'm not obligate

on the table. the president says you know, you've got to repeal these tax cuts for the wealthy, john boehner says no, we're going to stunt growth in the economy if we do that. i think they all agree you have to extend tax cuts at least for the middle class, that's kind of the intersection of the diagram, if you will, where they do agree. the question that i have is there is a way to increase tax rates for the wealthy without just raising the rate to 39.6 from 35, is there a way to do that, say, through tax reform, where you cap deductions for the wealthiest taxpayers, and in effect they will pay a higher rate, but you won't call it a higher rate. so, is that a matter of semantics? >> he says the wealthiest to pay a little more in taxes. i didn't hear him use the number 35% or 39.6%. >> exactly. >> so if they eliminate a lot of deductions and say if you're making more than than amount of money, you're not going to be eligible for these deductions, these loopholes, these tax credits or whatever, is that an area where they can exrie myself. >> he's had a proposal exactly to that effect in the l

john boehner because this is all about the president and john boehner's relationship. john boehner now, when he walks back to hc-5 and he has that meeting with a republican caucus that he's having to drag to the table to bring -- generate new revenue. he now goes back, and boehner faces a very angry caucus. tom cole came out and said, hey, let's go ahead and raise taxes. that was remarkable. eric cantor on this show said, we have to raise additional revenue. republicans have stepped forward and said that. if i were a sitting member of congress right now, a guy on this show who has said for years we have to make a deal, my response to john boehner would be very simple. just stop talking to him. don't talk to them until they make a serious offer. just don't. because this is, after all, a party that's been running the u.s. senate for years, and they've never produced a budget. if they want to offer us something serious, great. if not, well, we'll just sit back and wait. really, i've got to say, i'm really stunned by what happened yesterday, mark. tell us why it happened the way it did. >>

but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> tough talk. it's also completely divorced from reality. right before the news conference, boehner met with treasury secretary tim geithner who offered republicans a detailed plan to avoid the fiscal cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "pol

the president's deal on taxes. house speaker, john boehner, is not happy. >> hell, no, you can't. >> anti-tax crusader, grover norquist attacking the wives of republican congressman? >> i hope his wife understands that commitments last a little longer than two years. >> tonight, lee saunders on the grassroots blast to pass the middle class tax cuts. >> small business owner, lou krantz, on his meeting with the president. congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador, susan rice. >> all of the sudden, we are the bell of the ball. we are here to say, it's time to start to dance. >>> latino voters help put president obama over the top. now, the hispanic caucus says they want action. representative luis gutierrez joins me tonight. >>> good to have you with us. thanks for watching. president obama is selling his economic agenda and using all the right tools. the president was surrounded today by middle class taxpayers at the white house as he pushed for an extension of the tax cuts for income below $250,0

wants tax cuts for the wealthy to extire. house speaker john boehner drawing this line in the sand. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it can pass the senate. >> white house correspondent brianna keilar is live from washington, d.c. for us this morning. brianna, speaker boehner seemed to be offering the president on olive branch earlier this week when he talked about the possibility of increasing revenue. but here he's taking a hard stance against tax increases. what does that say about the chances of a compromise? >> well, it may actually sound kind of like it's splitting hairs. but it's really two different things where he's talking about increasing tax rates. he says he's not okay with that. but he would be maybe okay, maybe amenable to increasing revenue. to bringing in more tax dollars, because there is a difference. and what he's saying is part of a chorus of conciliatory language that we're hearing from democrats and republicans on the hill. listen to more of what john boehner said in that interview. >> -- talk a

. what struck me yesterday with john boehner he was saying as we approach the fiscal cliff, boehner was saying yesterday that the bottom line for republicans after this election is the same as it's been for 22 years. that is, that any kind of income tax hike, especially for the wealthy, is off the table for them. do you have a sense of what the white house is thinking is on the table? we approach january 1st. is it that they are really eager mainly to strike a grand bargain they can sell as a major bipartisan achievement? is the idea of fighting past january 1st if necessary to get rid of the bush tax cuts for the wealthy americans more of a priority for them? >> no. i think they want a deal if they can get it. you're right to listen closely to john boehner, because what he had is he'll accept some revenues in the context of tax reform, a big, wonderful, fuzzy nebulous idea. what he won't expect initially is a change in the rates. of course, that's what it's about. it's about the rates for the highest income earners. and that's where john boehner is refusing to start out in the nego

in the first block, actually there was hope today. you had house speaker john boehner who actually opened a door that many people thought was shut. >> for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions. >> jennifer: what? so does speaker boehner mean what he says? here to answer that question and more, is host of "viewpoint," and former new york governor eliot spitzer. welcome inside "the war room." >> i like being here. >> jennifer: i was just railing about the far-right republicans -- >> i heard you from miles away. >> jennifer: but despite the denial, john boehner gave this statement today to suggest that revenue could be a part of a grand bargain. >> yes, but -- there was classic boehner and cantor. it was quintessential republican double talk. we are now at the moment where you have got to put your cards on the table if you are going to get an agreement. it's now november. >> jennifer: but put their card on the table by saying we would consider revenue -- they said it's

, this is not going to be paul ryan as the chief negotiator of this deal. it's still going to be john boehner, john boehner's people, they are battle tested when it comes to these deficit deals and having paul ryan in the room is simply a way for john boehner to try to avoid and watch out -- avoid any consternation within his conference and watch out for his flank which as we know from 2011 he's had a mighty difficult time getting things through his group of fellow republicans who are not too keen on any compromise, be much less one in this case that could increase tax rates. >> it seems to be the congressional iteration of keep your friends close, your enemies even closer. i will say, given that sh, what eric cantor? i keep expecting him to pop up with his little glasses and we see nothing. >> eric cantor has done a turnaround from 2011 in the summer when a lot of folks said he was the reason why a deficit deal was not able to be accomplished. from conversations i've had, eric cantor is very much now a team player. creeding to john boehner's authority, let be john boehner negotiate this deal. all

an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a proposal from them. >> okay. let's dig in and bring in nbc's capitol hill correspondent kelly o'donnell. fill us in on how the meetings are going so far. last but not least, nancy pelosi coming up. >> exactly. she'l

in the room when harry reid was talking about john boehner's brain, that they were really infused by the election. they referenced it so many times in talking about the priorities. specifics were kind of the word of the day. everybody saying the other side has to give specifics. this morning republicans are saying don't expect any public counteroffer after what the president's team presented here, one of their big concerns is the $1.6 trillion in tax revenue over ten years. they say that's about twice where republicans think they might be able to get a deal and for them that was not a good starting point. >> kelly, can i quickly ask you why we should not expect a counteroffer interest republicans? isn't that what this whole game is about? >> reporter: public. if i didn't say public, let me emphasize. >> you did. >> reporter: we heard about the president's offer and what republicans are also saying they are trying hard to not criticize the president publicly, focus on the specifics of the deal. there are concerns about that, not wanting to spoil the move further. at least that's th

mandate mandate. that's what i tell to the republicans. john boehner came in today. >> involves making real changes to the financial structure of the entitlement programs and close loopholes and deductions working together to create a fair simpler cleaner tax code we can give our country a stronger healthier economy. a stronger economy means more revenue which is what the president seeks. because the american people expect us to find common ground we're willing to accept some additional revenues via tax reform. >> cenk: now that sounds good, right? additional revenues, it sounds like--no no, no. in other words what he's saying i might close some of the loopholes and then i'll put loopholes within the loopholes but i won't touch tax rates. if i was president obama john i got news for you. we won you lost. you want to do it again? you wanting to through this two years from now? have at it, hoss, go for it. no no, i said we would be getting rid of the bush tax cuts for the rich. i did not stutter. i got elected. i got 320 electoral votes that i'll ram down your throat. no we're going to r

're digging their heels in. instead we saw joshing around the table about john boehner's birthday between the president and john boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people with sort of the seeing this game of chicken being played at such a high stakes time. i think there is certainly, after this election, there is kind of a let's get down to business. let's see if we can get this thing done. whether that can translate -- david just said, the biggest sticking point, taxes on the wealthy is still on the table. you can sing happy birthday to john boehner as much as you want. gwen: he would still say no. >> absolutely. i think it's really premature to tr

naked in john boehner's office, three were arrested. all the girls. john stanton said there are actually people who woke up today and said today, i'm going to get buck naked in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of dire consequences for the middle class. >> on friday, he'll return to the stumps. >> he's back on the campaign trail. >> the campaign style tour. >> trying to drum up public support for his budget priorities. >> seems like just another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm dmik growth. >> warren buffett was out this mornin

control of congress. john boehner said americans are looking for political leaders to find common ground. tara mergener has more. >> reporter: at $82 million, it was the most expensive congressional race and a must win for democrats trying to keep control of the senate. cbs news projects tim kaine wins the virginia senate race. >> our victory tonight proves that it's the number of people who stand with you, not the number of zeros behind the check. >> reporter: cbs news projects former obama administration official elizabeth warren defeated scott brown. more than $72 million were spent on the race for the massachusetts senate seat. the democrats picked up a seat with the win. >> this victory belongs to you. >> reporter: cbs news projects democrats will retain a majority in the senate and the house will stay in republican control. so capitol hill could be on track for more gridlock. in wisconsin, democrat tammy baldwin became the first openly gay person to win a u.s. senate seat by defeating tommy thompson. republicans were supposed to gain a senate seat in missouri. cbs news projects cla

, republican speaker of the house john boehner. i felt like that all isolated john mccain a lot. but you know, maybe he stands alone in terms of his influence on foreign policy matters. >> he does. but there's distance emerging between him and where everyone else is. and partly, we should remember this was very -- this was wielded to the election partly because there was this hope and you'd see it all over the conservative blogs. this was the thing that was going to turn around the election and the mainstream media because they wanted to get barack obama elected for ignoring the facts of the matter. because people used it incredibly cynical fashion, there's a little less energy behind the kind of conspiracy mongering except for john mccain ym who is in it until the end. >> but then today, the reason this was an important question today, today the talking points given to susan rice after the benghazi attack, those talking points were published. and if those talking points are what she was given to say, she hued essentially exactly to what she was briefed to say by the intelligence agency. so o

to visit the websites for john boehner or michele bachmann after the president's call to action, you just got a server to busy message. >>> last year, in the fall, the president went and did it again. the president went on a multi-state barn storming campaign style tour to push for the passage of his jobs bill. again, he asked the american people to get involved in that fight directly. he asked the american people to talk to congress. >>> i want you to call. i want you to e-mail. i want you to tweet. i want you to fax. i want you to visit. i want you to facebook, send a carrier pigeon. >> then, he did it again at the very end of last year, when the payroll tax cut was about to expire and the president was trying to get republicans to agree to extend it, the president again asked the american people, specifically, to sweet about what that tax rate meant to them. he asked them specifically to use the hash tag $40. >> we asked folks to tell us what would it be like to lose $40 out of your paycheck every week. i have to tell you that the response has been overwhelming. we haven't seen anythin

to call john boehner and mitch mcconnell but he was told they were asleep, quote after his speech, mr. obama tried to call both mr. boehner and the senate republican leader, mr. mcconnell but was told they were asleep. i realized it was late night and everything but if the president calls you and you are asleep, do you not get woken up? isn't that sort of a standing order? one of the things we can all agree on the sort of thing you get out of bed for? the presidents an on the phone, okay, i'll wake up and take the phone no matter who you are? no. john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece

no matter who you are? no. john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally did t

coming off a smashing re-election victory or speaker of the house john boehner and his tea party cohort determined to hold the line against higher tax rates on the well-to-right now both sides seem to be digging in. president obama used a campaign-style white house appearance today to declare that while he's willing to compromise with the republicans his bisque position has not changed. >> obama: as i said before, we can't just cut our way to prosperity. if we're serious about reducing the deficit we have to combine spending cuts with revenue that means asking the wealthiest americans to pay a little more in taxes. on tuesday night we found out that the majority of americans agree with my approach. and that includes democrats independents, and a lot of republicans. >> eliot: mr. obama also said that he planned to meet with speaker of the house john boehner and other congressional leaders at the white house next year along with business and labor leaders. the president made it clear that even while talks were under way he wanted the house to move quickly to pass a middle class tax freeze

and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia

'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a

speaker john boehner on this? as you remember during the 2011 negotiations, they tried to get a grand bargain. a $4 trillion deficit reduction that would have included cuts to medicare and medicaid, but also some tax increases. ultimately that deal fell apart. there are some democrats that would like to see the president try to go big again in this second term. now the white house pardoned by some of the comments that john boehner made by saying that he's willing to come to the table to talk to the president about that. as you pointed out, he said that does not include tax increases for the wealthy. but i have been talking to some of my republican sources on the hill who say the speaker's language is important. it suggests a potential willingness to work with the president on the issue of taxes, which is of course the big sticking point. what does that mean? we don't know. it could mean eliminating deductions for big corporations for the wealthiest americans. those are the details that will have to be hammered out. but that report by the congressional budget office, which essentially

of the woods with gridlock, i don't know where we can go. >> it's interesting. i think john boehner in that speech he made just a few minutes ago basically opened the door for higher taxes. this is part of the reason the mark sold off today. now we know the republicans are going to have to swallow it. they have been adamant about no new taxes, but this is where we are going. david, you say don't make any portfolio changes in light of the obama victory. what moves are you making today? no radical changes? >> we wouldn't be changing too much. the stocks that sold off today were some that were under the greatest pressure during the first administration. there's really no change. we don't think the market expected romney to win the election. this is business as usual. the market is now focusing on the fiscal cliff. the consequences of not figuring something out are so dire that the government, in spite of themselves, is going to figure something out. we think in terms of taxes, don't think anything draconian is going to happen. we think capital gains and dividend tax might go up to 20%,

are cutting spending. they will not vote. john boehner said we cannot do that anymore. >> the leadership does not feel like they are in a position to leave on matters of the debt ceiling or anything else. >> this whole book has been devoted to the debt ceiling. from my standpoint, all the wind and sales, at the bottom is the speaker john boehner never had the vote anyway. whatever deal he would have struck with the obama administration would almost certainly have failed. he would have relied so heavily on democratic votes to do so that he ran the risk of an insurrection. there was a meeting during the whole showdown over the debt ceiling in which some of john boehner's closest allies met in said if you come back with a deal that he fashioned with obama at that is i get more than 100 votes or so, they've started to whisper a campaign against you. we saw and had been with speaker gingrich. it can happen to you. john boehner walked away from a deal. >> i want to come with the interplay. i have to ask this. i think he knows that the president was initially off the record. he was seeking one of th

are expecting to hear john boehner's response to the president later this hour. we'll bring the speaker's remarks just ahead. time for the your business en e entrepreneur of the week. christine wants you to shop small. owner of wonder works, a charleston, south carolina, based toy store believes in cooperation instead of competition. she has a section dedicated to locally made products to make sure her customers' dollars stay local. watch your business sunday morning at 7:30 on msnbc. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> vice president joe biden went to costco yesterday. the wholesale super store, if you want mayonnaise it comes in a gallon-sized tub. biden did not opt for the may

of pennsylvania avenue, discussions on the fiscal cliff. nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white house republican house speaker john boehner and president obama sat side by side both insisting they want and will find macdill. >> our challenge is to make sure that we are able to cooperate, work together, find common ground, make some tough compromises, build some consensus to do the people's business. >> coming out of the meeting are rare image of bipartisan ship. >> we have the recognition that every person in america knows we would not reach agreement. >> we are prepared to put everything on the table provided we fixed the problem. however, we are in the d

want to bring in chris van holen. everybody's parsing his wards. what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we know that failed because what happened after we tried that last time was jobs went down and the deficit went up. so i think the speaker shoumd do what he says that he wants to do. put this out in public. the president has put his plan in public. it was a central part of the debate. saying that folks at the higher end should pay more to reduce our deficit because if we don't ask them to chip in more, it means everybody else gets hit harder. >> you heard what he said. we're not going to raise taxes on small business. and for republicans,

only solve together. martha: to do that he will have to work with speaker of the house john boehner. hear what he recently told america's newsroom about his relationship with the president and the prospect of working together. >> i spent my life playing the hand i was dealt. if that's the hand i'm dealt after tuesday i'll play it. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. martha: a small lining for congressman paul ryan. governor romney's running-mate easily winning his election. a seat he has held since 1998. still seen as a rising star within the republican party. already some speculation out there. the talk will begin as early as this morning about 2016 and who the main players are for that. here is a look at four of them on the ticket last night. bill

country. >> i want to follow up that question and ask neera real quick -- john boehner expressed openness to reductions in spending, reforms, but not structural changes, not ending the federal entitlement to medicare or medicaid, as the ryan budget would do. where do you think that goes after the election? >> i think the president really crossed the rubicon there by putting medicare and medicaid on the table. neera mentioned the budget -- hundreds of billions of dollars in cuts. romney tried to put it back in. i thought it was very ironic. social security? no, it has not been on the table. i think he has already done so and i suspect he will continue to. >> one of the interesting things about that -- we will go to the audience in a minute -- think of the context. medicare is one of the policies that transfers resources down the generational ladder. from the retiring baby boom that is 80% white and moving it into an uninsured younger population, it really in many ways -- the federal government has $700 per capita, something like that -- is striking that under such explicit attack, for kind

first up, harry reid. then john boehner. in the afternoon, mitch mcconnell and then nancy pelosi. we're expecting to hear from speaker boehner within the half hour following his meeting. we'll bring that to you. his remarks, though, coming on the heels of a politico report that the framework of a deal is beginning to emerge. the speaker and the president as its principal architects. both men expressing determination and cautious optimism yesterday. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is let's keep middle class taxes lower. >> time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to overt this crisis. >> politico also reporting that the two men had a phone call yesterday that was, quote, curt. can these two men with a history of butting heads meet in the middle before america goes over the edge? >> we have a very, very reasonable chance of going over this cliff. every hour is ticking by, every day

and the senate majority leader's office and john boehner's office, the house republicans. but so far what we've seen, at least in the principal, is really just highlighting the differences and how stark the differences are. yes, there have been some republicans who have publicly said they are open to poe tengts tax increases, revenue increases, but even more so we're seeing this entrenchment over the military spending cuts, the unwilling nness to see that and we're seeing on the democratic side the idea that maybe it wouldn't be so bad if we went over the fiscal cliff and kicked the can down the road to the next congress which will be more favorable from the liberal perspective to negotiating on these big picture issues. frankly, i think it would be harder to have a compromise on son-in-law of the entitlement reform that republicans want to see, at least some movement before they will agree before this talk of raising taxes will be anything more than the lip service that you mentioned. >> okay. so ken is suggesting there it's in republicans' interests to do a deal now. jared, the white house

can do, just as john boehner and democratic leadership are limited by the broader environment. >> i am sensitive to this -- everyone in this room should read the fourth volume on lyndon johnson. it is available on cd's. it is 26 cd's long. that is a drive from washington d.c. to tampa, florida, where they had the republican convention, to charlotte, fort bragg, back to charlotte, washington. that is 26 cd's. [laughter] but i have this image of lyndon johnson spinning in his grave at the idea that there is the president of the united states that has minimal interaction of congress, especially some of his own party. let's just forget republicans and tea party people. forget them. just in his own party, wander around the hill, as all of you do all the time, and ask democratic members of congress, how much personal interaction do you have with the president? i hate giving political credit for anything, but they have that piece back in may that pointed out that the president, as of may, had not had a single conversation this year with the their kent conrad, chairman of the senate budget com

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